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Monday, January 9, 2012

Business Today: Stock futures edge up as euro leaders meet, Alcoa eyed

Reuters
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01/9/2012
News Good Morning
LATEST NEWS
Stock futures edge up as euro leaders meet, Alcoa eyed
NEW YORK (Reuters) - Stock index futures edged higher on Monday as investors focused on a European meeting intended to find ways to boost the region's economies and tackle a debt crisis and prepared for the start of U.S. corporate earnings. | Full Article
U.S. moves toward legal action against Swiss bank: sources
January 09, 2012 06:02 AM ET
(Reuters) - U.S. authorities are moving toward taking legal action against Wegelin & Co, which could lead to an indictment of one of Switzerland's last pure private banks, on charges that it enabled wealthy Americans to evade taxes, according to two persons with knowledge of the case. | Full Article
U.S. auto market now industry bedrock
January 09, 2012 08:04 AM ET
DETROIT (Reuters) - Welcome to an unlikely beacon of hope for the global auto industry -- Detroit. | Full Article
Exclusive: Olympus sues current president, ex-directors
January 09, 2012 06:29 AM ET
TOKYO (Reuters) - Japan's Olympus Corp has sued its current president and three ex-directors for several million dollars in compensation, sources told Reuters on Monday, as the company seeks to draw a line under one of the nation's worst accounting scandals. | Full Article
Merkel, Sarkozy seek growth, jobs for euro zone
January 09, 2012 08:33 AM ET
BERLIN (Reuters) - The German and French leaders met on Monday to discuss how to boost growth in euro zone states struggling to tackle the sovereign debt crisis and rising unemployment, and to finalize a deal on closer budgetary ties within the currency union. | Full Article
US TOP NEWS
Iran condemns American to die, starts nuclear bunker
January 09, 2012 08:24 AM ET
TEHRAN/VIENNA (Reuters) - Iran announced on Monday it had sentenced a dual U.S.-Iranian citizen to death as a spy, and diplomats said it had switched on a uranium enrichment plant deep inside a mountain, actions certain to infuriate the West. | Full Article
Analysis: For euro zone, the heat is on again
January 09, 2012 08:02 AM ET
BERLIN (Reuters) - The euro zone crisis seemed to vanish from the headlines for a brief moment as 2011 ticked over into 2012, but it is about to return with a vengeance. | Full Article
UAE delays oil pipeline to bypass Hormuz
January 09, 2012 08:29 AM ET
ABU DHABI (Reuters) - The United Arab Emirates has delayed the launch of a crucial oil pipeline to bypass the Straits of Hormuz to mid-2012, which analysts said would add to supply worries at a time when Iran threatens to block the strait for all the Gulf's oil. | Full Article
Detroit seeks salvation during Big 3's victory dance
January 09, 2012 12:20 AM ET
Detroit (Reuters) - Bill Perkins, a Detroit-area car dealer, has ample reason to raise a glass in the early days of January. | Full Article
SNB chief to face grilling over currency scandal
January 09, 2012 06:02 AM ET
BERNE (Reuters) - Swiss parliamentarians met on Monday to grill embattled central bank chief Philipp Hildebrand over the controversial currency trade made by his wife three weeks before he imposed a cap on the soaring Swiss franc. | Full Article
HEALTH NEWS
Britons told to "stay off drink for two days a week"
Argentina's Fernandez sent home, never had cancer
Novartis unit to take $120 million charge on recall
Bristol to buy Inhibitex for hepatitis C treatment
Mixed message from UK and Germany over PIP implants
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